French banking giant Societe Generale reported higher net income and net banking income in the second quarter. They also announced a 1 billion euros share buy-back program starting in August. The Board of Directors approved an interim cash dividend for the fourth quarter of each year from 2025 onwards. Group net income increased by 30.6% to 1.45 billion euros, while operating income grew by 21.8% to 2.11 billion euros. Net banking income rose by 1.6% to 6.79 billion euros, with a 7.8% growth at constant exchange rates.

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Read more at Nasdaq.: Societe Generale Q2 Results Rise, Introduces Interim Cash Dividend; Plans Addl. EUR 1 Bln Buyback